7. A group of parties that join together, under the contract by which the reciprocal union is constituted, in order to pool sums enabling them to be reciprocally bound by damage insurance contracts is a reciprocal union.
2018, c. 23, s. 32018, c. 23, s. 3; 2021, c. 342021, c. 34, s. 51; 2024, c. 152024, c. 15, s. 211.